UK households are getting an inferior product in terms of both quantity and quality, the Resolution Foundation said.
The UK’s “expensive, cramped and ageing” housing stock fares poorly compared with other advanced countries, analysis by a think tank suggests.
The Foundation’s housing outlook used OCED data to compare the UK’s housing issues against other similar economies. Older homes can be poorly insulated, leading to higher energy bills and a higher risk of damp, according to the Foundation, which is focused on improving the living standards for those on low to middle incomes.
Adam Corlett, principal economist at the Resolution Foundation, said: “Britain’s housing crisis is likely to be a big topic in the election campaign, as parties debate how to address the problems of high costs, poor quality and low security that face so many households.
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